Senior Underwriter - CHES

AON; Toronto; On-site; CAD 70,000 - 100,000; Full time

Benefits offered by this job

Annual bonus

RRSP matching

Health benefits

Education support

License fees reimbursement

Referral program

Job summary

CHES Special Risk Inc. is seeking an experienced underwriter to join our Property & Casualty and Medical Malpractice teams in a hybrid Toronto setting.

Key responsibilities include underwriting new business, renewals, and building broker relationships to drive profitable growth. The role requires 4–5 years of commercial underwriting experience, industry designations or in-progress credentials, and a track record in sales and portfolio management.

Qualifications

• Strong interpersonal and communication abilities required.
• Demonstrated sales and marketing experience within insurance.
• Able to manage time and multi-task across priorities.
• Proactive; able to work in cross-functional teams.

Responsibilities

• Underwrite new business and renewals for Professional lines: E&O, D&O, Medical Malpractice.
• Develop business with brokers and manage relationships with Binder markets.
• Achieve monthly sales goals and maintain renewal book.
• Ensure service standards and profitable risk selection.
• Report to senior management and monitor portfolio performance.

Skills

Interpersonal skills

Communication skills

Sales experience

Time management

Multi-tasking

Initiative

Team collaboration

Education

Post-graduate degree or certification

RIBO/CIP/FCIP designation (in progress)

Job description

Business Line: Property & Casualty / Medical Malpractice

Hours Per Week: 35 (Full-Time)

Location: Toronto - 19-130 King St W, Toronto ON M5X2A2 - Hybrid Setting - 2 Days in office

Job Duration: Full-Time, Permanent, Current Vacancy

Wage Transparency: The base salary range for this position is $70,000 to $100,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

About the Role

We are looking to recruit a Team player to join our growing Team and Professional lines/Medical Malpractice Book, your key responsibilities will be to assist in the underwriting and develop business with our Binder markets and new and existing Retail Brokers.

What You'll Do

• Professional Lines - E&O, D&O, Medical Malpractice
• Underwrite new business as presented by a broker's office
• Achieve assigned monthly sales goals
• Maintain the existing renewal book
• Underwrite and negotiate renewals
• Produce from and have an existing Broker following
• Ensure Customer Service Standards are consistently met
• Portfolio Management
• Monitor each key Broker's results semi-annually
• Monitor Underlying Portfolio results and adjust accordingly
• Report directly to Senior management
• Ensure Profitable risk selection

What You Bring

• Experience at an MGA would be preferred
• RIBO/CIP/FCIP designation or in progress, would be considered an asset
• Experience with Medical Malpractice
• Post-graduate degree or certification
• Developed knowledge and applied experience in the application of industry legislation and regulations; knowledge of industry objectives, trends and issues
• Minimum 4-5 years of commercial property and casualty underwriting experience
• Demonstrable sales and marketing experience
• Experience/exposure to financial management methods, the nature of insurance risk and reinsurance costs, underwriting, claims underwriting and reinsurance
• Demonstrable proficiency in underwriting basic to moderately complex books of commercial property and casualty products, including underwriting coverage, pricing, production and delivery, risk management and managing local brokerage plans
• Possess strong interpersonal and communication skills
• Possess excellent problem-solving and decision‑making skills
• Capable of making sound business decisions where there are areas of ambiguity
• Possess excellent organization and time management skills with the ability to effectively multi-task
• Displays confidence and composure under pressure
• Able and motivated to work in cross-functional teams as well as independently
• Ability to take initiative and work effectively with minimal direction
• Ability to motivate self and others

Who We Are - CHES Special Risk

ABOUT CHES Special Risk Inc. CHES Special Risk Inc. established as a Managing General Agent and Wholesale broker in 2004, in response to Broker demand to a hardening market place, commencing with a particular specialty in the Entertainment and Hospitality business, later becoming a fully accredited Lloyd's coverholder in 2009. CHES Special Risk are a fully Independent Canadian Owned MGA delivering "A" Rated capacity both in the Hard to Place, and Standard lines classes and support their Retail Brokers in Growing and developing their businesses. Winner of the 2016/2017 Award for MGA of the Year.

What's In It For You

NFP's PeopleFirst culture offers a multitude of benefits to employees and is a great place to call home.

• A hybrid environment approach that keeps the best interests of our staff and our clients in mind
• Annual bonus plan for all employees
• Matching RRSP plan of 5% of salary
• Referral Commission Plan
• Generous benefits plan including Health Care Spending Account starting on the first day of employment
• Full support for continuing education & internal opportunities to grow as an insurance professional to advance career
• Reimbursement of license fees and professional membership dues
• A global team of industry leaders focused on employee retention, client growth, industry innovation and collaboration

Our employees are the foundation of our success.

NFP is a big company - a growing, inclusive team of individuals supporting each other's passions and engaging with the community.

Building a diverse, collaborative and innovative team requires leadership, deliberate action, and ongoing measurement. We actively support the well-being of our employees with benefits and programs driven by recognition, community, financial wellness tools, development and inclusion, fostering personal and professional growth that keeps us moving forward.

Beyond our office walls, we're dedicated to serving the community around us. Every day we make proactive choices to take care of the communities in which we live and work. We contribute to different organizations, including Women in Insurance Cancer Crusade (WICC), Food Banks Canada, Indspire Canada and many more. From charity drives and community service outings to other company-sponsored events, our employees donate their time and raise funds on behalf of great causes across the country.

Our business is built on the personal level. Whether it's in our offices, on a call, out in the field or anywhere you can find us in the world, we're starting the conversations that create a more secure future for everyone.

Accommodations are available on request for candidates taking part in all aspects of the selection process.

Artificial Intelligence Disclosure: A.I. is not being used to screen, assess, or select applicants for the position.